It is clarified that RCMC is not required for availing benefits on post export Remission based schemes i.e. Drawback, RoSCTL and RoDTEP. It is not required for Restricted items also.
Policy condition modified from 16.10.2024 for export of meat & meat product under “Halal” category as certified by the “Indian Conformity Assessment Scheme (I – CAS) – Halal” of the Quality Council of India (QCI).
It is clarified that those MSME manufacturer already availed benefit of Rs.50 lakhs under Interest Equalisation Scheme (IES) as on 30.9.24 will not be eligible for any further benefit during extended period upto 31.12.24.
- RoDTEP scheme extended upto 30.9.2025 i.e for 1 year of earlier expiry dated 30.9.24
- RoDTEP for AA holder, EoU & SEZ extended upto 31.12.2024.
- New RoDTEP rate wef 10.10.24 as per Appendix 4-R & 4-RE notified on DGFT site for implementation after ICEGATE portal gets updated with new rate.
- Existing rate will be applicable for the export period 1.10.24 to 9.10.24.
Fixation of Tariff Value for Edible Oil, Brass Scrap, Areca Nuts, Gold and Silver
Digitization of Customs Bonded Warehouse procedures relating to obtaining
Warehouse License, Bond to Bond Movement of warehoused goods, and uploading of Monthly Returns.
Amendment in 14 Notifications from 2005 to 2022 inserting entries and substituting entries for change in duty.
Amendment in Customs Notification No.27/2011 inserting 6 a,b,c for levy of Duty on
Husk paddy, Husk Brown and para-boiled Rice 10% of Duty on Export.
Export of Non-Basmati Rice (Semi milled …..) under ITC (HS) 10063090 is allowed free subject to MEP US $ 490 per tonne.
Export quantity 5847 MT of Sugar to EU is notified under TRQ during October 2024 to September 2025.
Validity extended upto 31.12.2024 of Restricted Import Authorization for specific IT Hardware Items under ITC (HS) 8471. Afresh guidelines wef 1.1.2025 is likely to be issued soon.
Fixation of Tariff value for Edible Oils, Brass Scrap, Areca Nuts, Gold and Silver.
Classification of Laboratory chemicals as per Notification No.62/2024 Customs (N.T.) dt.19.09.2024
Amendment in Chapter Note 3 of Chapter 98 Regarding Laboratory Chemicals intended for own use
Packing should not be exceeding 500gms. Or 500 milliliters.
Amendment in Circular No.07 regarding publication of Exchange Rate on ICEGATE on 1st and 3rd
Thursday every month if not available due to holiday latest Exchange Rate received from SBI
Will be published.
Implementation of IGCR Automation Rules regarding to EOU is postponed till 25.09.2024
Para 5.14 of HBP modified. Instead of Annual reporting, EPCG holder is required to report on EO through online mode after expiry of 1st block and EoP.
Import of 17000 MTs of Fresh /green Areca Nut without MIP is allowed from Bhutan through additional ports LCS Hatisar (INHT5B) and LCS Darranga (INDRGB) subject to port – specific regn certificate of DGFT.
Extension of Interest Equalisation Scheme (IES) upto 30.9.2024 is allowed subject to following condition.
• For MSME Manufacturers, the cap is Rs. 5 Crores per IEC until 30.09.2024 for the financial year starting from 01.04.2024.
• For Manufacturer Exporters and Merchant Exporters, the cap is Rs. 2.5 Crores until 30.06.2024.
Import Policy condition period is extended from 31.10.24 to 31.12.24 for import of Yellow Peas under ITC (HS) code 07131010 which is free without conditions of MIP & port restriction subject to regn under IMS (Import Monitoring System).
MEP is removed from 13.9.24 on export of Onions under ITC (HS) 07031019. (Earlier MEP was US $ 550 per MT).
Introduction of The Courier Imports and Exports (Electronic Declaration and Processing) Amendment Regulations, 2024
Extending export related benefits such as Drawback, RoCTL and RODTEP to exports made through courier mode
Seeks to impose CVD on Atrazine Technical under HS Code 3808 91 99 3808 93 90 or 3808 99 90 imported from China.
Seeks to impose CVD on Welded pipes under HS code 7304,7305 and 7306 imported from China and Vietnam.
Implementation of PN No.5/2024-25 dated 27.5.24 has been placed under abeyance by extending time till 31.10.2024.
(PN 5/27.5.24 was issued wherein permissible Wastage Norms given under para 4.59 of HBP and SION of Gems & Jewellery Sector is amended/revised).
Earlier PN and date - Abeyance period till
1. 6/28.5.24 - 31.7.24
2. 16/29.9.24 - 31.8.24
3. 20/29.8.24 -15.9.24
4. 23/12.9.24 present one - 31.10.24
Implementation of IGCR in respect to EOU postponed up-to 17.09.2024
Appointment of Common Adjudicating Authority to Commissioner of Customs(Preventive), Mumbai in case of M/s. Zenlayer Inc.
Seeks rescind Notification No.26/2011 which was for exemption on importation of Works of art created abroad by Indian artists and sculptors And Antiques intended for public exhibition etc.
Appointment of Common Adjudicating Authority to Principal Commissioner or Commissioner of Customs, NhavaSheva-I, in case of M/s D.K. Biopharma Pvt. Ltd.
Appointment of Common Adjudicating Authority to Commissioner of Customs(Preventive), Mumbai in case of M/s. Zenlayer Inc.
Import Policy condition has been amended for Raw Pet Coke (RPC), Calcined Pet Coke (CPC) and allowed import to domestic need of Other Industry (earlier it was for Aluminium Industry only).
Additional time of 12 months has been allowed to Deptt of Forest, Environment & Climate Change, Govt of Odisha, for export of Red Sanders Heart Wood in log form.
Appendix 3 for Updated SCOMET – 2024 to Schedule 2 of ITC(HS) Classification is issued/replaced by earlier list of 2018.
TRQ is notified for 8606 Metric Tonnes (Raw Value (MTRV) of raw cane sugar for export to USA from 1.10.2024 to 30.9.2025 (Oct 24 to Sept 25).
Interest Equalisation Scheme for pre & post shipment Rupee Export Credit is extended upto 30.9.24 only for MSME manufacturing exporters.
Proposal is called from E-commerce stakeholder for modalities for operation and Pilot Launch of E-Commerce Export Hub (ECEH).
In case of import of bulk drugs, remained unutilized, the can be re-exported to any other buyer (instead of same supplier in earlier provision). The un-utilised material used in finished product can be exported under any Shipping Bill (instead of Free S/B or in lieu of destruction earlier). Accordingly para 4.49(g) (i) & (ii) is modified.
Export of 2 lakhs MTs of Non-Basmati White Rice under ITC (HS) code 1006 3090 to Malaysia is allowed through NCEL – National Co-operative Exports Ltd.
Advance version 2.0 system of Non-Preferential CoO (e-CoO) is launched wef 28.8.24. SoP explained in this Trade Notice.
Export of “De-Oiled Rice Bran under ITC chapter 2302, & 2306 is prohibited till 31st January, 2025. (31.01.2025).
Fixation of Edible oil Brass scrap, Silver, Gold and Areca Nuts.
With effect from 20.8.24, exporter shall be able to generate multiple e-BRCs through the bulk upload functionality. Guidance points are given in this trade notice.
SCOMET authorisation will be issued by competent authority of RA in deferred cases where comments/views/NOCs are received from all concerned agencies & thereafter case will be put up for export factor approval by IMWG, (Inter Ministerial Working Group).
DGFT called for comments latest by 11.8.24 to re-notify ITC (HS) codes for Chapters 40 to 98 of Schedule II (Export Policy).
Kandla & Vishakhapatnam Seaports are included in the list of ports to allow export of prohibited/restricted Essential Commodities to Maldives during April 24 – March 25.
Export of 1000 MTs of Non-Basmati White Rice under ITC (HS) code 1006 3090 to Namibia is allowed thru National Cooperative Exports Ltd (NCEL).
Abeyance extended till 31.08.2024 for Public Notice No 5 dt 27.5.24.(Permissible wastage & SION was modified w.r.t. gold/platinum/silver
in PN 5 which was kept in abeyance till 31.7.24 on request of GJEPC for review of norms.)
Fixation of Tariff value for Palm Oil, Crude Soya Oil, Brass Scrap, Gold, Silver and Areca nuts.
Notification is issued to amend Notification No.50/2017 at Sl. No.606 Laboratory chemicals under CTH 98020000 BCD will be 10% subject to condition No.123 i.e. it will be utilized in laboratory for Research and Development purpose.
